https://www.taxtmi.com/caselaws?id=440131 The tribunal set aside the denial of deduction u/s 11 / 12 to a registered trust for engaging in fee-based services, emphasizing the need for activities to align with the charitable nature under Sec. 2(15). The Commissioner's decision was overturned, and a fresh assessment was ordered following the Supreme Court's guidance on the interpretation of "charitable purpose" and related provisions of the Income Tax Act. The tribunal highlighted the restrictions on engaging in commercial activities for entities advancing general public utility and stressed the importance of maintaining separate accounts to demonstrate compliance with specified limits. en-us Fri, 07 Jul 2023 00:00:00 +0530 Tue, 11 Jul 2023 08:29:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440131 The tribunal set aside the denial of deduction u/s 11 / 12 to a registered trust for engaging in fee-based services, emphasizing the need for activities to align with the charitable nature under Sec. 2(15). The Commissioner's decision was overturned, and a fresh assessment was ordered following the Supreme Court's guidance on the interpretation of "charitable purpose" and related provisions of the Income Tax Act. The tribunal highlighted the restrictions on engaging in commercial activities for entities advancing general public utility and stressed the importance of maintaining separate accounts to demonstrate compliance with specified limits. Case-Laws Income Tax Fri, 07 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440131